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BASIS OF PRESENTATION AND SIGNIFICANT EVENTS (Details 3) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 31, 2011
Jun. 30, 2012
Jun. 30, 2011
Cash paid during the period for:      
Interest   $ 2,088 $ 7,081
Taxes   206 547
Non-cash financing/investing activities:      
Interest credited to policyholder contract deposits included in financing activities   2,186 2,434
Payment of FRBNY Credit Facility accrued compounded interest $ 4,700   $ 6,363